Over 2 percent of the US’s electricity generation now goes to bitcoin - eviltoast
  • daltotron@lemmy.world
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    10 months ago

    I dunno, sometimes people want, say, hormones to transition, but can’t get them from a doctor. Hormone blockers, stuff like that, so it’s kind of not entirely useless. Weed isn’t legal in lots of places still either, and if your government sucks, it’s always good for buying [redacted], and stuff like that, but then you’re probably just getting entrapped by feds, so that’s not always a great situation.

    I’m not going to say that the idea itself is entirely without merit, but I do think it kind of got corrupted almost immediately after it was conceived, because silicon valley keeps wanting to attract venture capital to fund whatever completely unprofitable idea, before it gets shelled out and zombified for short term profits, and apparently the best way to make any money in capitalism is basically just with loaded gambling and this is a great method to enable that. It’s a pretty good minor analogue for what capitalism does generally, but also what it specifically did to a lot of this techno-libertarianism idealism that was spouting out almost constantly form the late 80’s until, I wanna say like, around the 2010’s, is when it maybe stopped being such a thing.